2832 Summit St, Oakland, CA 94609

$1,395,000
3,656
SqFt

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List Price
$1,395,000
Status
ACTIVE
MLS#
41134372
Price Change
▼ $75,000 1790313597
Year Built
1945
Property Type
Triplex
Living Area
3,656
Lot Size
3,962
Acres
0.09
County
Alameda
Subdivision
Pill Hill

Property Description

A hospital campus two blocks up the street. Every unit leased. 2832 Summit is a three-unit Pill Hill building between Broadway and Telegraph. Walk Score 97. Bus at a tenth of a mile, 19th Street BART at 0.7 mile. Unit 1 offers four bedrooms and two baths with shaker cabinetry, a farmhouse sink, a gas range, and in-unit laundry. Unit 2 has four bedrooms, two and a half baths, in-unit laundry, and a private deck. Unit 3 is a three-bedroom, one-bath on the lower level. Six tandem off-street parking spaces. Windows replaced in 2023. All three units are leased at rents in line with market. $1,395,000. $382/SF. $465,000 per unit. $140,208 annualized in-place income, 6.64% CAP. Contact the listing agent for the rent roll and disclosure package.

Additional Information

Appliances
Dishwasher, Dryer, Washer, Gas Water Heater
Exterior
Stucco
Flooring
Tile, Vinyl
Laundry Features
In Unit
Lot Description
Level, Paved
Parking Features
Parking Lot, Uncovered Parking Space, Uncovered Park Spaces 2+, Street Parking
Roof
Flat
Water Sewer
Public

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Calculator source: Real Geeks

Listing courtesy of Joey Wang from Keller Williams Realty. 510-592-5554

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